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Nov 20, 2012
11/12
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president, i knew bill clinton. [laughter] [applause] our ideas work. their ideas don't. the last four years, our economy's grown 1.5% a year. that is less than half the historical average for 70 years average 3.3% growth a year. now, this president is fond of saying he inherited the worst economy in the history of the universe. [laughter] everything, by the way, is george w. bush's fault. he doesn't have much historical memory when he makes that argument. any of y'all remember 1978-79? double digit unemployment, 22% interest rates, gas lines, stagflation. in 1980 #, a very, very different president got legislatedded. ronald reagan, like barack obama, inherited a struggling economy, and reagan implemented policies 180 opposite those of obama. instead of jacking up taxes, he slashedded taxes. instead of exploding spending in the debt, he restrained the growth of spending, and instead of unleashing the hounds of regulators, by the way, when i think of regulators, i can't help but thinking of mr. burns saying, "release the hounds." [laughter] instead of releasing the hounds
president, i knew bill clinton. [laughter] [applause] our ideas work. their ideas don't. the last four years, our economy's grown 1.5% a year. that is less than half the historical average for 70 years average 3.3% growth a year. now, this president is fond of saying he inherited the worst economy in the history of the universe. [laughter] everything, by the way, is george w. bush's fault. he doesn't have much historical memory when he makes that argument. any of y'all remember 1978-79? double...
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Nov 19, 2012
11/12
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spent if you just listen -- >> what did bill clinton say? >> arithmetic. i like that moment for two reason. he was on a partisan pace and he was pointing out what numbers added up and wanted me but i also like the democrats were all chanting for arithmetic because i think both sides are going to have to realize that this has to add up and it can't just the sound bites on tv. the last thing i was to give me hope, i marched to all those bills. those are real bills that got passed, midsize, confidence. it was only 62-75 votes in the u.s. senate. we beat the filibuster and guided them. so that should give you hope that it didn't do is possible in the senate, and on some of those bills the majority of them, after we got down there was pressure on the house to get it done. there's a group of us have been supportive of the debt commission report, the general framework agreement agree with everything anybody has continued to push and meet. it somewhere between, depending on the day, 40-55 senators are so that's been meeting off and on for the last year to try to p
spent if you just listen -- >> what did bill clinton say? >> arithmetic. i like that moment for two reason. he was on a partisan pace and he was pointing out what numbers added up and wanted me but i also like the democrats were all chanting for arithmetic because i think both sides are going to have to realize that this has to add up and it can't just the sound bites on tv. the last thing i was to give me hope, i marched to all those bills. those are real bills that got passed,...
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Nov 13, 2012
11/12
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but back in 1993, i remember this very clearly, every single republican economist said bill clinton's tax increase was going to cause a massive recession to every single one. just like every single republican pollster said that romney was going to win. they were 100% wrong, and we had a broom instead. so they have zero credibility. they are wrong about everything and they lie about everything. >> do you feel better? >> yes. [laughter] >> jamie, did you of anything else? okay. stephanie, you indicated that you have a formal think you would like to discuss, or you have some opening remarks and we will give you even though we are already open, so would you, please. you can get appear if you like, absolutely. >> i have a slight chill. -- slideshow. i thought everyone would have one. so, i guess when i started thinking about fiscal cliff and what the options are, i came up with essentially three. one is to do nothing. and hit the cliff and let the cuts go into place and tax increases going to place, what we've been talking about here. the other is to act with a sense of urgency, to avoid t
but back in 1993, i remember this very clearly, every single republican economist said bill clinton's tax increase was going to cause a massive recession to every single one. just like every single republican pollster said that romney was going to win. they were 100% wrong, and we had a broom instead. so they have zero credibility. they are wrong about everything and they lie about everything. >> do you feel better? >> yes. [laughter] >> jamie, did you of anything else? okay....
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Nov 20, 2012
11/12
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clinton expired. that meant that the so-called paygo rules on the finance tax cuts you couldn't expand new government programs unless you paid for, discretionary spending caps on the fed and other discretionary spending as fired and washington's fund totally out of control. three things happened in 2003. the second round of tax cuts we couldn't afford and we ought to return the deficits we invaded a sovereign nation without declaring war and without paying for it, and we expanded medicare to add prescription drugs added $8 trillion in the from the publications for medicare and was already a minn the underfunded. irresponsible, and things have gotten frankly worse since. >> host: mike is on the line from central massachusetts. mike is a democrat. good morning to you. >> caller: hello. i'm wondering why since our health care system is one of the biggest drivers in the national debt i'm wondering why we never hear the numbers comparing the single-payer system to the private health care system that we hav
clinton expired. that meant that the so-called paygo rules on the finance tax cuts you couldn't expand new government programs unless you paid for, discretionary spending caps on the fed and other discretionary spending as fired and washington's fund totally out of control. three things happened in 2003. the second round of tax cuts we couldn't afford and we ought to return the deficits we invaded a sovereign nation without declaring war and without paying for it, and we expanded medicare to...
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Nov 14, 2012
11/12
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as bill clinton might say, it's just arithmetic. in fact, this situation of a divided government has only two possible outcomes. action based upon good faith compromise, or no action, resulting from political deadlock. in my opinion this latter, no action based upon deadlock, is simply unacceptable, to the people of maine and the people of the united states. we must find a way to act because many of the problems before us, the debt and deficit is probably the best example, have a time fuse. the longer we avoid acting the worse they get. in this case no decision is itself a decision. and it is almost undoubtedly the wrong decision. the challenges before us are too great and the stakes are too high to allow partisan differences to keep us from finding common ground even on the most difficult issues. and i hope that in a small way, in a small way, i may be able to acts as a bridge between the parties, an honest broker, to help nudge us towards solutions. i talked with more than a dozen senators of both parties in the past three days. a
as bill clinton might say, it's just arithmetic. in fact, this situation of a divided government has only two possible outcomes. action based upon good faith compromise, or no action, resulting from political deadlock. in my opinion this latter, no action based upon deadlock, is simply unacceptable, to the people of maine and the people of the united states. we must find a way to act because many of the problems before us, the debt and deficit is probably the best example, have a time fuse. the...
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Nov 16, 2012
11/12
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>> just as with bill clinton, got us to raise taxes, i don't think the tax increases we did under clinton as i recall talking about $36, the notion there were people out there having marginal rates going up by 36,000 are going to say oh well, this is not worth it. i don't think the tax increases we voted under clinton caused the great economic boom but they did not correct it. and in favor of raising taxes, despite the fact he was raising taxes, the development is republican efforts to beat him over the head, it helped him some, but the fact that it was neutral and beyond that, what that stands for was relevant, mandate against severe cuts in domestic spending against severe cuts in medicare. the republicans on the one hand, a major argument about medicare, cut $700 billion you shouldn't have done that so there is a mandate for avoiding the kind of cuts to domestic programs that were important out of this election. mitt romney did as a favor of advocating for significantly increased military spending. first-time candidate for president said we don't need that. we are better off and that w
>> just as with bill clinton, got us to raise taxes, i don't think the tax increases we did under clinton as i recall talking about $36, the notion there were people out there having marginal rates going up by 36,000 are going to say oh well, this is not worth it. i don't think the tax increases we voted under clinton caused the great economic boom but they did not correct it. and in favor of raising taxes, despite the fact he was raising taxes, the development is republican efforts to...